Real Estate Insight

Orange County Market Strengthening?

An indicator that is tried and tested is the months of remaining inventory.  You can read up on it in this article ‘How do I know if we’re in a buyer’s market.’

Orange County real estate statistics are out for April and the months of remaining inventory has dropped by 14.2% holding at 9.6.  Last year during the same period it held at 9.3 just 0.03% off from 2008.

So is this market strengthening?